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Guest grumpyhack

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Oxfam has a turnover of more than £130m...the CEO is, I suspect, on a bit more than £75k (I dont know the source of that figure, but if it's the Guardian article google pointed me at, it's nearly 10 years ol). I'd expect the CEO of a very large charity like that to be on a salary of around £120-140k or thereabouts, at least that's the going rate...much less than a comparable for-profit organisation.

For good or ill (mostly ill) we live in a market economy....

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Just to put some real figures in to the oxfam example; for year ended 31st March 2011 they had income of £367m, and outgoings of £361m, of which £272m was spent on 'charitable activities'. The CEO had emoluments of £107k, and another £35k in expenses (mostly foreign trips) and there were 35 other people who were paid between £60k and £90k.

All that and more here; http://www.charitycommission.gov.uk/Accounts/Ends18/0000202918_ac_20110331_e_c.pdf

Edited by Gre
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Just to put some real figures in to the oxfam example; for year ended 31st March 2011 they had income of £367m, and outgoings of £361m, of which £272m was spent on 'charitable activities'. The CEO had emoluments of £107k, and another £35k in expenses (mostly foreign trips) and there were 35 other people who were paid between £60k and £90k.

All that and more here; http://www.charitycommission.gov.uk/Accounts/Ends18/0000202918_ac_20110331_e_c.pdf

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Oxfam started in Oxford as the Oxford Committee for Famine Relief, so you would have thought the parent company would be in the UK if anything. However Oxfam's own site says;

Our aim is to tackle poverty and we’ll willingly work with and learn from others. That's why it made sense to get together with some like-minded organisations to form Oxfam International in 1995. Today it's a growing confederation of 14 organisations, which gives us even greater global impact.

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Just to put some real figures in to the oxfam example; for year ended 31st March 2011 they had income of £367m, and outgoings of £361m, of which £272m was spent on 'charitable activities'. The CEO had emoluments of £107k, and another £35k in expenses (mostly foreign trips) and there were 35 other people who were paid between £60k and £90k.

All that and more here; http://www.charityco...0110331_e_c.pdf

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Back to my original post questioning Wonga's place as an advertiser on site, though there is a tenuous connection with Oxfam.

Sometimes we have a responsibility to help people reach informed decisions, sometimes we have a responsibility to help others who may not be in a position to help themselves - a couple of things Oxfam and other charities try to do, for example with victims of tsunamis and other natural disasters.

I feel we also have a responsibility to help others who may not be able to make informed decisions possibly through poor education, a lack of financial literacy etc. Wonga makes money out of people in such situations unlike credit unions who try to help people in financial difficulties.

If I was smart enough to create a poll on here I'd like to ask how many people are comfortable with Wonga having a presence on this site.

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Back to my original post questioning Wonga's place as an advertiser on site, though there is a tenuous connection with Oxfam.

Sometimes we have a responsibility to help people reach informed decisions, sometimes we have a responsibility to help others who may not be in a position to help themselves - a couple of things Oxfam and other charities try to do, for example with victims of tsunamis and other natural disasters.

I feel we also have a responsibility to help others who may not be able to make informed decisions possibly through poor education, a lack of financial literacy etc. Wonga makes money out of people in such situations unlike credit unions who try to help people in financial difficulties.

If I was smart enough to create a poll on here I'd like to ask how many people are comfortable with Wonga having a presence on this site.

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No, it's the traditional mathematical notation based on the slashed through equals sign rather than a programming one. Although I'm more used to != than < >

There's bloody loads of different symbols for it though.

Edited by Ed209
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